CALIFORNIA TO START NEW WEALTH TAX!
- Thread starter Wally
- Start date
olroadbeech
Happy Verified UPSer
These idiots will never learn that raising taxes NEVER works in the long run. Don't they ever look at past history.? George Bush senior lost reelection for raising taxes as one example. remember what he said "read my lips.....no new taxes"......and then he did.
raising taxes almost always has the opposite effect. I don't have an answer other than enforcing fiscal responsibility and strong oversight. I always thought a consumption tax was a better method but then again people would find a way around it. maybe it would create a larger black market.
If we were 20 years younger we would leave California. It jut too much work after being here almost 40 years. Maybe there will be a "last straw" moment that will make us move.
If there wasn't so much corruption in California we wouldn't have this problem. They learned that game from Mexico .
raising taxes almost always has the opposite effect. I don't have an answer other than enforcing fiscal responsibility and strong oversight. I always thought a consumption tax was a better method but then again people would find a way around it. maybe it would create a larger black market.
If we were 20 years younger we would leave California. It jut too much work after being here almost 40 years. Maybe there will be a "last straw" moment that will make us move.
If there wasn't so much corruption in California we wouldn't have this problem. They learned that game from Mexico .
Wally
BrownCafe Innovator & King of Puns
Did you see who is behind this proposal?
AB 2088 is co-sponsored by the California Federation of Teachers, SEIU California, and the California Teachers Association.
Misthios
I love my job. Don't you?
Let's see how this plays out. Will the super rich, many that claim to be very liberal, supporting liberals that love spending other people's money, just write that check?
Zerohedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zerowww.zerohedge.com
Ohh lord this will be fun to watch if it passes. All those movie stars who support these kinds of things (to win in the court of public opinion) will be scattering to anywhere but California now.
Fred's Myth
Nonhyphenated American
@MAKAVELI better move before his wonderful state comes for him.
The big package
Well-Known Member
One thing Democrats have never been able to understand and it's been going on for many years . They've been trying to figure out a way to punish the wealthy , but the wealthy have all the power . It's been going on for hundreds of years ! They are the bosses , the job creators and when politicians try to punish them they pass it on to the middle and lower class by getting rid of their jobs or cutting their pay or hours or they just moved themselves or their money out of the state or country.They always come out smelling like a rose !!! That will never change !!!
Old Man Jingles
Rat out of a cage
Old Man Jingles
Rat out of a cage
Hopefully to another LibTurd state like Washington, Oregon or Nevada.
Idaho is already headed that way but Santa Fe would be a perfect fit.
The LibTurds are already screwing up Arizona.
JJinVA
Well-Known Member
Im certain they dont raise taxes for anything other than lining their own pockets and their friends pockets for "favors". They just increase the slush funds to pull from with tax money. I remember when Social Security was supposed to be considered an untouchable fund. Didnt stop Obama...
Wally
BrownCafe Innovator & King of Puns
They are saying too late, you owe us for 10 years.
That'll get struck down. Years ago a number of states including California were trying to get away with a "source" tax. Basically anyone moving out of a particular state was being followed and taxed as if they were still a resident. The Supreme Court struck that down.
Est.1998
Well-Known Member
This is as crazy as Keanu Reeves doing a sequel to Bill and Teds Excellent Adventure. He must really be bored. If I was rich, I'd been left California.
MAKAVELI
Well-Known Member
California's largest $cash crop.
The big package
Well-Known Member
JOB'S , millionaires and billionaire's are always going to be fine . Middle and lower class , not so much , When job's leave !!!
MAKAVELI
Well-Known Member
You
been saying that for decades. LolThe big package
Well-Known Member
Common Sense , something you lack I'm sure !!!!!You
Babagounj
Strength through joy
Sad part is that another bill is pending that goes after the people who make over $100,000.
Many will see what the future holds for them and also bug out.
Where is CA going to get the needed income to keep the lights on ?
Maybe with fewer people they can stop the current rolling blackouts ( 4 pm -10 PM ).
But in the long run, fewer and fewer tax paying groups will leave the state for some where else that respects their wealth.
This would also include many corporations.
Many will see what the future holds for them and also bug out.
Where is CA going to get the needed income to keep the lights on ?
Maybe with fewer people they can stop the current rolling blackouts ( 4 pm -10 PM ).
But in the long run, fewer and fewer tax paying groups will leave the state for some where else that respects their wealth.
This would also include many corporations.
Wally
BrownCafe Innovator & King of Puns
These ideas always filter down.
